Calculating a double percentage discount

TheJay

Board Regular
Joined
Nov 12, 2014
Messages
141
This is fairly difficult to explain.

I want a spreadsheet to calculate 50% of the total and then calculate 25% of that 50%. This should be output as the total amount discounted and then as the total payable in another cell.

For example, the total is £2500.00. 50% reduction is £1250.00. 25% of £1250.00 is £312.50. This means the total including the reduction is £937.50.‬

I know I can achieve this by outputting £1250.00 and £312.50 in different cells, but I'm trying to achieve this using as few cells as possible.

I tried total/8 but that only gets me part way with £312.50, but then the spreadsheet doesn't know what figure to take this away from.

Can anyone figure this out please?
 
Last edited:

Some videos you may like

Excel Facts

Why does 9 mean SUM in SUBTOTAL?
It is because Sum is the 9th alphabetically in Average, Count, CountA, Max, Min, Product, StDev.S, StDev.P, Sum, VAR.S, VAR.P.

lrobbo314

Well-known Member
Joined
Jul 14, 2008
Messages
2,687
Office Version
365, 2019, 2016
Platform
Windows
How about

Code:
=A1-((A1*0.5)+(A1*0.125))
 

lrobbo314

Well-known Member
Joined
Jul 14, 2008
Messages
2,687
Office Version
365, 2019, 2016
Platform
Windows
Or even better,

Code:
=A1-(A1*0.625)
 

igold

Well-known Member
Joined
Jul 8, 2014
Messages
2,471
Office Version
365, 2010
Platform
Windows
How about:

=A1*0.375
 

TheJay

Board Regular
Joined
Nov 12, 2014
Messages
141
Thanks everyone, it's interesting seeing all your different responses. That's great.
 

igold

Well-known Member
Joined
Jul 8, 2014
Messages
2,471
Office Version
365, 2010
Platform
Windows
You're welcome. We were happy to help.
 

Forum statistics

Threads
1,089,449
Messages
5,408,291
Members
403,195
Latest member
biafrapl

This Week's Hot Topics

  • help please
    SORRY NOT ANY GOOD AT EXCEL SO HELP WOULD BE MUCH APPRECIATED this formula is in a sheet called ignore...
  • two formulas needed
    Hello, I'll try my best to explain this: First formula needed in Sheet1 cell A2: If Sheet1 cell B2 = Sheet2 cell B2 then return a 1. If not then...
  • Dynamic Counts
    Good afternoon, we are tidying up some data & the data seems to be growing quicker than we are tidying it up! What we confirm (by reviewing it...
  • Help Excel formula eliminate duplicate values and keep only 2 identical rows.
    as picture below column A has a duplicate value. but the values are not the same as the rule. sometimes 4 rows, sometimes 10 rows or 7 or 9...
  • Macro Compile Error Sub or Function not defined
    Hello, I am trying to run macros from a validation list, all macros have been created and run perfectly on there own but I'm getting a compile...
  • Last row combined with Current Region VBA
    I'm generally happy finding the last row of data through something like Lastrow = Cells(Rows.Count, "D").End(xlUp) but I don't always receive data...
Top